Latest Open APIs News: Finextra Research

Railsbank preps London hackathon

Railsbank, a leading UK-based open-banking and RegTech platform, has announced leaders in the FinTech sector as partners of its annual banking innovation hackathon - this year.

16 October 2018

News/Open APIs

Standards bodies converge on financial sector API blueprint

Financial messaging platform Swift has published a blueprint for common API standards in collaboration with European banking standards bodies Stet and the Berlin Group.

16 October 2018

Company update/Open APIs

Ping Identity opens sandbox for Open Banking and PSD2

Ping Identity, the leader in Identity Defined Security, today announced the launch of a new Quickstart Private Sandbox for Open Banking and PSD2.

16 October 2018

News/Open APIs

Nationwide pumps £3 million into Open Banking for Good challenge

Nationwide Building Society is injecting £3 million in funding to encourage fintech startups and academics to develop Open Banking apps that can help to improve the lives of the one in four UK households who are financially squeezed – equivalent to 12.7 million people.

15 October 2018

News/Open APIs

Top digital banking heads to convene at Finextra NextGen Banking Nordics

A strong line-up of C-Suite digital banking heads and innovators from across the Scandinavian fintech scene will gather in Stockholm next month to debate the future of financial services at Finextra's annual NextGen Banking Nordics summit.

12 October 2018

Finextra TV/Open APIs

The role of compliance as banks seek to move to SaaS models

Brian Charlick, Principal consultant at CGI, talks about how the market is adapting to having to undertake large non-core activity, whether there is a need for assurance of compliance as a requirement of the market, and whether the pressure of increased regulation is impacting the operation of Banks.

10 October 2018

Company update/Open APIs

Starling names new clients for banking-as-a-service offering

Starling, the leading digital bank, is expanding its Banking-as-a-Service and Payment Services offer, bringing white label banking services to the UK and enabling other organisations to offer retail banking and make payments.

10 October 2018

Company update/Open APIs

Konsentus to launch OBIE sandbox

Konsentus, a RegTech solutions business, which facilitates checking the identity and regulatory status of Third-Party Providers (TPP), enabling Financial Institutions (FIs) to be PSD2 open banking compliant, is pleased to announce an update to their TPP regulatory checking sandbox so that it now offers solutions based on the United Kingdom Open Banking Implementation Entity (OBIE) standards.

08 October 2018

Company update/Open APIs

The ID Co releases cashflow tracking app NoMo Money

NoMo Money, the first mobile app that offers simple financial cashflow tracking using Open Banking has been launched by The ID Co.

04 October 2018

Company update/Open APIs

AscendantFX connects with Fiserv

AscendantFX, a leading technology-based payment provider, is facilitating the smooth processing and precise execution of international payments enhanced by a new integration with Fiserv.

03 October 2018

Company update/security

MAS cybersecurity panel advises on security measures for cloud and API adoption

The Cyber Security Advisory Panel (CSAP) of the Monetary Authority of Singapore (MAS) provided insights and suggestions on how Singapore’s financial sector can harness the benefits of new technologies while remaining cyber resilient.

03 October 2018

News/Open APIs

Nacha acquires BPDA to push blockchain-based B2B payments directory

US electronic payments association Nacha has acquired the Business Payments Directory Association (BPDA) as it seeks to advance the development and deployment of a B2B payments and remittance directory.

03 October 2018

News/devops

Simple co-founder bids to upend financial world with APIs and a stablecoin

Simple co-founder Shamir Karkal has taken the wraps off his latest project: Sila, a startup offering fintech firms a suite of APIs and developer tools supported by a dollar-pegged stablecoin.

02 October 2018

Company update/Open APIs

Qatar Islamic Bank selects Volante's PSD2-compliant Open Banking package

Volante Technologies Inc., a global provider of software for accelerated end-to-end payments processing, today announced that Qatar Islamic Bank UK plc (QIB) has selected VolPay Channel: Open Banking and Token to implement PSD2 compliance for the bank.

02 October 2018

Finextra TV/Open APIs

Digitalizing CLM for improved customer experience

Joe Dunphy, VP of Product Management, Fenergo, discusses what benefits digitalising the client lifecycle experience can bring financial institutions and their clients, how Fenergo’s CLM roadmap has evolved over the past two years to deliver greater transparency and control, and the importance of Fenergo’s global client community for driving industry best practice.

02 October 2018

News/Open APIs

EU banks back launch of Open Banking Europe PSD2 directory

EBA Clearing subsidiary Preta has signed up 40 banks and tech firms to Open Banking Europe, an initiative launched in June last year to create a centralised PSD2 directory.

02 October 2018

News/inclusion

Afin creates fintech marketplace and sandbox to tackle financial inclusion

The Asean Financial Innovation Network (Afin) has launched API Exchange, a cross-border marketplace and sandbox for financial institutions and fintech firms to work together on financial inclusion projects.

01 October 2018

Company update/Open APIs

Salt Edge builds Open Banking payment infrastructure

With more and more EU banks completing the inevitable process of opening up their data to third parties, an Open Banking payment hub becomes a logical necessity. So in response to the market demands, the fintech firm Salt Edge has set up an Open Banking payment infrastructure, which is now available for testing.

01 October 2018

News/Open APIs

Canada sets up Committee on Open Banking

The Canadian Government has established an Advisory Committee on Open Banking to explore the potential and pitfalls of a regime which would give consumers the ability to share their financial data with third parties.

28 September 2018

News/startups

SocGen buys fintech startup Treezor

Societe Generale has acquired French Banking-as-a-Service platform Treezor as part of its "open innovation" strategy of cosying up to the fintech community. Financial terms of the deal were not disclosed.

28 September 2018